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The Philippine Stock Exchange index (PSEi) rose further on Friday, Nov. 21, after investors reacted positively to the go...
22/11/2025

The Philippine Stock Exchange index (PSEi) rose further on Friday, Nov. 21, after investors reacted positively to the government’s announcement of a balance of payments (BOP) surplus. The benchmark index rose by 66.32 points, or 1.12 percent, to close at 5,997.13. Conglomerates led Friday’s rally, while miners continued to retreat.

Volume jumped to 1.67 billion shares worth ₱9.15 billion. Gainers beat losers—118 to 75, with 53 unchanged. “The PSEi continued its upward movement as buying pressure persisted throughout the session,” said Regina Capital Development Corp. managing director Luis Limlingan.

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The Department of Trade and Industry (DTI) has received takedown requests for nearly ₱380 billion worth of goods in the ...
22/11/2025

The Department of Trade and Industry (DTI) has received takedown requests for nearly ₱380 billion worth of goods in the first nine months, aligning with the agency’s efforts to ensure fair trade in the digital space.

In a statement on Friday, Nov. 21, the DTI said takedown requests have risen by 43 percent, to an estimated ₱378.2 billion in listings this year. The agency screened just over 200,000 online products flagged as harmful or misleading.

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Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of...
22/11/2025

Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities.

Cash earnings, as measured by earnings before interest, taxes, depreciation, and amortization (EBITDA), showed robust growth, climbing 18.5 percent to ₱1.53 billion for the first three quarters, the company said in a disclosure to the Philippine Stock Exchange.

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The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in...
22/11/2025

The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in hopes of maintaining the confidence of the Pangilinan-led Metro Pacific group in Light Rail Transit Line 1 (LRT-1).

Acting Transportation Secretary Giovanni Lopez said the government is “looking for ways” to settle its “undisputed” debt of up to ₱4 billion to LRMC, after years of failing to hold up its end of the bargain with the LRT-1 operator. Since LRMC took over the operations and maintenance of LRT-1 a decade ago, Lopez said the government has paid only around ₱500 million, or 12.5 percent of the total obligations.

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It’s still a wait-and-see for the deal between state-run Maharlika Investment Corp. (MIC) and Synergy Grid & Development...
22/11/2025

It’s still a wait-and-see for the deal between state-run Maharlika Investment Corp. (MIC) and Synergy Grid & Development Philippines Inc. (SGP), as the closing of their transaction is on hold pending additional documents, according to the latest update from the Department of Energy (DOE).

On the sidelines of Pilipinas Conference 2025, Energy Secretary Sharon Garin said she has spoken with the MIC regarding updates on its planned 20-percent stake in SGP, which has yet to fulfill its financial closure for more than 90 days since the binding offer.

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For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to d...
22/11/2025

For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc.

“My dream is for the Philippine data center industry to compete with the likes of Singapore, Malaysia, and Thailand,” Genuino told the Manila Bulletin, describing his long-term vision for an industry still in its infancy.

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LOOK: Say goodbye to long queues! The New NAIA Infra Corp. (NNIC) is launching new Biometric Immigration eGates at the N...
22/11/2025

LOOK: Say goodbye to long queues! The New NAIA Infra Corp. (NNIC) is launching new Biometric Immigration eGates at the Ninoy Aquino International Airport (NAIA) starting this December.

These state-of-the-art eGates, powered by Amadeus and operated by the Bureau of Immigration (BI), use passport scanning and facial recognition to:

⚡ Drastically reduce wait times at immigration.

✅ Improve passenger flow and comfort.

Find them first in Terminals 1 & 3, with full deployment expected early next year.

The International Atomic Energy Agency (IAEA) is urging nations with nuclear ambitions to harmonize their regulatory rul...
21/11/2025

The International Atomic Energy Agency (IAEA) is urging nations with nuclear ambitions to harmonize their regulatory rulebooks, arguing that unified standards are the only way to dismantle mounting barriers that are currently choking the planned mass-scale deployment of Small Modular Reactors (SMRs).

Speaking at a side event during the ongoing COP30 Climate Change Summit, IAEA Deputy Director General Mikhail Chudakov announced the agency is establishing “golden standards” for nuclear regulation harmonization. This effort is designed to catalyze convergence in rules, procedures, and best practices essential for targeted SMR projects.

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Maynilad Water Services Inc. activated its newest wastewater facility in Southern Metro Manila, the Tunasan Water Reclam...
21/11/2025

Maynilad Water Services Inc. activated its newest wastewater facility in Southern Metro Manila, the Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, as the concessionaire expands its services.

The Tunasan WRF is the company’s 25th wastewater treatment project, capable of treating up to 20 million liters of wastewater daily (MLD), according to a disclosure to the Philippine Stock Exchange on Friday, Nov. 21. The facility will provide cleaner water to approximately 83,000 customers in the area.

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Private construction activity in the Philippines weakened in September as the country’s economic growth slowed to a 4.5-...
21/11/2025

Private construction activity in the Philippines weakened in September as the country’s economic growth slowed to a 4.5-year low of four percent in the third quarter, according to the latest preliminary data from the Philippine Statistics Authority (PSA).

PSA data released on Tuesday, Nov. 18, showed a 25-percent year-on-year drop in approved building permits—used as a proxy for private construction activity—in September. The total number of projects reached 11,746 that month, down from 15,663 in the same period last year. This followed the 0.6-percent decline recorded in the previous month, when approved projects totaled 14,546.

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Amid weakening economic sentiment, fueled by corruption issues, a political economist has floated the prospect of consti...
21/11/2025

Amid weakening economic sentiment, fueled by corruption issues, a political economist has floated the prospect of constitutional reform to end protectionist clauses that heavily favor Filipino ownership and goods.

Calixto Chikiamco, president of think tank Foundation for Economic Freedom (FEF), said the supposed flaws in the 1987 Constitution are the root cause of the “weak economy” seen today. “I think that our whole constitution should change because it’s very protectionist. It's very statist. So that’s the whole problem of our constitution,” he said during the Stratbase Group’s Pilipinas Conference.

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The World Bank has flagged the delayed rollout of the most crucial activity—seismic retrofitting—for its soon-to-expire ...
21/11/2025

The World Bank has flagged the delayed rollout of the most crucial activity—seismic retrofitting—for its soon-to-expire project loan aimed at protecting public schools and health facilities from “The Big One” earthquake that threatens to hit Metro Manila.

In a Nov. 20 implementation status and results report for the Philippines Seismic Risk Reduction and Resilience Project, seen by Manila Bulletin, the Washington-based multilateral lender downgraded overall implementation progress to “moderately unsatisfactory” from “moderately satisfactory” previously.

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